Bajaj Auto’s December sales growth slows
January 2nd, 2012 - 5:15 pm ICT by IANSMumbai, Jan 2 (IANS) Bajaj Auto Monday reported a 10 percent growth in sales for December 2011, compared to 25 percent in the previous month, sending its shares tumbling.
The company sold 3,05,690 two- and three-wheelers in December 2011, against 2,76,803 units during the like period of the previous financial year, Bajaj Auto said in a regulatory filing.
The company sold 3,74,477 units in November 2011.
At the Bombay Stock Exchange, the shares of the company were 7.47 percent down at Rs.1,473.80.
The company clocked 25 percent higher exports for the month under review at 1,19,708 units from 95,388 units in the corresponding month of 2010.
The sales of commercial vehicles grew by 27 percent at 41,991 units as compared to 33,128 units in December 2010.
Motorcycle sales grew 8 percent, registering the sale of 2,63,699 units during the month under review against 2,43,675 units in December of the previous year.
- Auto industry shows mixed sales results for December (Roundup) - Jan 02, 2012
- Bajaj Auto sales up 25 percent - Dec 02, 2011
- Bajaj Auto's January sales up eight percent - Feb 02, 2012
- Bajaj Auto's February sales up five percent - Mar 02, 2012
- Bajaj Auto sales rise 17 percent in April - May 02, 2011
- Bajaj Auto's April sales up four percent - May 02, 2012
- Bajaj Auto sales zoom 20 percent in May - Jun 02, 2011
- Bajaj Auto's Q3 net profit zooms 19 percent - Jan 19, 2012
- Bajaj Auto records highest ever vehicle sales in August - Sep 02, 2011
- Bajaj Auto's March sales up nine percent - Apr 03, 2012
- Bajaj Auto's October sales up 7 percent - Nov 02, 2011
- Bajaj Auto net profit rises 21 percent in June quarter - Jul 14, 2011
- Bajaj Auto sales up 34 percent in 2010-11 - Apr 04, 2011
- TVS Motor logs lower sales in December - Jan 02, 2012
- Excise duty hike pushes auto sales up in March (Roundup) - Apr 02, 2012
Tags: bombay stock exchange, commercial vehicles, motorcycle sales, mumbai, previous year, rs 1, three wheelers